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CIMA Updated E1 Exam Questions and Answers by tomi

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CIMA E1 Exam Overview :

Exam Name: Managing Finance in a Digital World
Exam Code: E1 Dumps
Vendor: CIMA Certification: CIMA Operational
Questions: 336 Q&A's Shared By: tomi
Question 96

Company S is a busy vehicle part manufacturer specialising in commercial vans and lorries. The company takes as many as nine deliveries of raw materials every day and these items are entered into the electronic inventory system upon arrival. When an item of inventory is taken from stores this is also updated electronically. Which inventory control system would be best utilised within Company S?

Options:

A.

Periodic inventory system

B.

First in, first out system

C.

Continual inventory system

D.

ABC inventory system

Discussion
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Question 97

Which THREE of the following areas would be improved by an organisation using a Customer Relationship Management (CRM) system?

Options:

A.

Sales

B.

 Marketing

C.

Customer service

D.

Budgeting

E.

Operations

F.

Inventory management

Discussion
Question 98

The following statements are from which section of the UK Combined Code?

1:The board should disclose a balanced and understandable assessment of the company's position and prospects in the financial reports.

2:The board should maintain an appropriate relationship with the company's external auditor.

Options:

A.

Accountability

B.

Leadership

C.

Effectiveness

D.

Remuneration

E.

Shareholder relations

Discussion
Question 99

P is employed by an organisation which pays well for work done to a high standard. P is fortunate in that he really enjoys his work, takes great pride in the presentation of his deliverables and always seeks ways to improve his approach and output. Which reward classification is described above?

Options:

A.

Intrinsic reward

B.

Economic reward

C.

Social relationship

D.

Financial reward

Discussion
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